Commercial Hull Insurance

Commerical Hull Insurance

The marine industry has highly specialised insurance needs.

The continuing change in global dynamics and rising demand for imported goods, not only brings long term growth opportunities but can also bring with it a number of risks for marine businesses.

Commercial Hull Insurance, provides cover for a commercial vessel owner, operator and/or charterer in the event of loss or damage to their vessel.

Do I need Commercial Hull Insurance?

If you own, operate or charter a Commercial Watercraft, such as a Commercial Fishing boat, Workboat, Tug or Charter vessel, it is highly recommended that you should have Marine Hull Insurance.

You may also like to consider Protection and Indemnity Insurance for your commercially operating vehicles.

What does this Insurance cover?

• A Coverforce arranged Commercial Hull Insurance policy can also include ‘Accidental Damage’ cover as standard.
• Additional level of cover can also be taken out in the event Masters, Officers, or Crew cause damage to the vessel itself, its machinery, boilers, shafts or other mechanical items.

Whilst many insurers will readily offer cover on their wordings, Coverforce can negotiate coverage on the internationally recognised, and market standard, Institute Clauses.

How Coverforce can help

At Coverforce, our experienced team of insurance brokers have a solid understanding of your industry and the risks you face every day when operating your commercial vessel. That’s why we will work hard to deliver sound risk management advice and smart insurance solutions that are tailored to meet your specific business needs.

For more information or to arrange cover, please contact our specialised team at our Coverforce Office.

Alternatively, you can simply fill out a Quote Form below and one of our insurance brokers will get in touch with you within one business day.